Halifax (HRM) Residential Market Statistic Update For Week of June 20th-27th 2013
(Previous weeks numbers in brackets)
*Last year this week
New Listings: 497 (441, 520, 593, 530) *434
Sold: 156 (173, 166, 184, 176) *162
Sale To List Ratio: 31% (39%, 32%, 31%, 33%) *37%
Expired/Cancelled/Withdrawn: 111 (99, 83, 209, 86) *70
Total Active Halifax/Dartmouth Inventory: 5,573 (5,547, 5,550, 5,485, 5,484)
Active Single Family Home: 3,693 (3,677, 3,689, 3,659, 3,675) *2979
Average Single Family Home List Price: $295,303 ($281,042, $304,904, $290,481, $304,362) *277k
Average Single Family Home Selling Price: $285,878 ($272,792, $298,081, $282,512, $297,972) *271k
Average Days On Market Single Family Home: 82 (82, 98, 86, 89) *93
Active Condos: 451 (447, 449, 436, 439) *260
Average Condo Listing Price: $273,871 ($250,852, $236,461, $283,912, $324,576) *298k
Average Condo Selling Price: $267,032 ($244,526, $199,423, $275,449, $318,884) *292k
Average Days On Market Condos: 88 (88, 188, 95, 88) *50
Halifax/Dartmouth Absorption Rate (weeks): 36 (35, 35, 34, 35) *27
Want to encourage everyone out there to get out and enjoy the Canada Day activities across the nation this weekend. We have such a beautiful Country here and there are many that forget, or neglect to appreciate not only the splendour of this nation, but the people who stand guard and have stood guard for freedom. We owe many thanks not only to the people that have made Canada the great global icon it is, but the people that protect and have protected our families here at home and abroad. Don't be afraid to show your patriotism this weekend! Wear that Canada flag shirt, hoist that beautiful red maple leaf high in the air, say things like aboot and eh! Its aboot time we rallied behind our flag and showed the world that we are a united nation, we believe in the same ideals, and have a driven focus towards the future and the betterment of mankind and peace. So say it loud, say it proud I AM CANADIAN!! Please also keep in your hearts and minds the citizens of Calgary and the devastation that has been caused by the floods. I have family and friends there, and my follow soldiers from the Lord Strathcona's Horse (Royal Canadians)(my former regiment) helping with the devastation. I would encourage everyone to help out in any way they can. Since I am an animal lover I have provided a link to the Calgary Humane Society that is overwhelmed with the mass displacement of animals in the area, but there are also many ways to contribute. Perseverance!
Make sure to come back on July 2nd when the June stats update will be posted. Thanks for stopping by!
Are you familiar with ViewPoint Realty? How about the ViewPoint real estate map? Its a great tool for all your real estate research needs and when you are ready to buy or sell, its the competitive edge over your competition!
Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to leave a public comment or question below. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone.
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Jeremiah Wallace, CD
Jeremiah has been involved with many aspects of the Real Estate industry for over fourteen years. This includes construction, residential renovations, interior design, and investing in various income generating property products..
Photo's by Jeremiah